NOT LISTED FOR SALE

4511 Margarete Dr SW Decatur, AL 35603

Flint City Neighborhood

Estimated Value: $204,000 - $234,179

3 Beds
2 Baths
1,450 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $220,000 $152 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,329/month

39 Days on Market

Highlights

  • 0.47 Acre Lot
  • 1 Fireplace
  • Covered Patio or Porch
  • Frances Nungester Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2023

Welcome home to this charming and completely renovated home with a HUGE backyard. Relax on the patio and enjoy nature as your neighbor. Located in Decatur City limits but only minutes to Huntsville, Madison and Redstone. No room was untouched so you'll enjoy freshly painted walls, new lighting, floors and appliances along with 3 BR/2 Baths, and oversized laundry with extra storage.

Last Agent to Sell the Property

Allison Chappell

NextHome Kel Mitchell License #94065 Listed on: 12/08/2022

NextHome Kel Mitchell

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1977

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 100 x 206
  • Partially Fenced Property

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Decatur Middle Elementary School
  • Decatur High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Pine Forest Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / I
  • Assessor Parcel Number 1204170009001.004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,695

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Living Area: 1450
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: 100 x 206
  • Subdivision Name: Pine Forest Estates
  • Architectural Style: Ranch/1 Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1977
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Appliances: Dishwasher, Microwave, Range
  • Levels: One
  • Full Bathrooms: 2
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 100
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: First
  • Room Living Room Area: 260
  • Room Kitchen Area: 110
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 168
  • Room Dining Room Area: 100

Exterior Features

  • Fencing: Partial
  • Foundation Details: Slab
  • Patio And Porch Features: Covered Porch, Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Heating: Central 1
  • Cooling: Central 1
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Decatur Middle School

Lot Info

  • Parcel Number: 1204170009001.004
  • Lot Size Sq Ft: 20473.199999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: I
  • Tax Lot: 5

MLS Schools

  • Elementary School: Frances Nungester
  • High School: Decatur High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Feb 17, 2023
Sold by
Salix Llc
Bought by
Parker Ladarion S and Parker Majorie S
Seller's Agent
Allison Chappell
NextHome Kel Mitchell
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Views
308
Current Estimated Value
$223,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,045
Avg. Annual Appreciation
0.54%
Original Mortgage
$216,015
Outstanding Balance
$209,649
Interest Rate
6.48%
Mortgage Type
FHA
Estimated Equity
$13,396

Purchase Details

Listed on
Aug 17, 2022
Closed on
Nov 1, 2022
Sold by
Redstone Federal Credit Union
Bought by
Salix Llc
Seller's Agent
Craig Buchanan
Southern Elite Auctions
Buyer's Agent
Craig Buchanan
Southern Elite Auctions
List Price
$1
Sold Price
$145,200
Premium/Discount to List
$145,199
14519900%
Views
173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.05%

Purchase Details

Closed on
Jun 8, 2022
Sold by
Redstone Federal Credit Union
Bought by
Redstone Federal Credit Union

Purchase Details

Closed on
Jul 23, 2020
Sold by
Ferguson Tracy
Bought by
Whisenant Micah Chase

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2019
Sold by
Wallace Albert D
Bought by
Ferguson Tracy and Williams Charles Richard

Purchase Details

Closed on
Apr 29, 2005
Sold by
Secretary Of Veterans Affairs
Bought by
Wallace Albert D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parker Ladarion S $220,000 --
Parker Ladarion S $220,000 None Listed On Document
Salix Llc $145,200 --
Salix Llc $145,200 None Listed On Document
Redstone Federal Credit Union $145,419 None Listed On Document
Whisenant Micah Chase $140,000 None Available
Ferguson Tracy $57,500 None Available
Wallace Albert D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Ladarion S $216,015
Closed Parker Ladarion S $216,015
Previous Owner Whisenant Micah Chase $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $220,000 +2.3% $152 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $215,000 0.0% $148 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $215,000 +48.1% $148 / Sq Ft
11/02/2022 11/02/22 Sold $145,200 +14519900.0% $100 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $1 -- $0 / Sq Ft
Source: ValleyMLS.com

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,695 $18,710 $4,400 $14,310
2023 $1,199 $26,460 $1,620 $24,840
2022 $1,093 $12,060 $810 $11,250
2021 $463 $10,200 $810 $9,390
2020 $463 $19,590 $810 $18,780
2019 $463 $10,220 $0 $0
2015 $418 $9,220 $0 $0
2014 $418 $9,220 $0 $0
2013 -- $9,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Chappell

    Seller's Agent in 2023

    Allison Chappell

    NextHome Kel Mitchell

    (256) 529-8860

    1 in this area

    122 Total Sales

    Allison Chappell
    Section Image
  • Craig Buchanan

    Seller's Agent in 2022

    Craig Buchanan

    Southern Elite Auctions

    (256) 797-1999

    1 in this area

    195 Total Sales

    Craig Buchanan
    Section Image
See All Agents

Map

Source: ValleyMLS.com

MLS Number: 1824098

ValleyMLS.com

APN: 12-04-17-0-009-001.004

Alabama Morgan County Decatur 35603 Flint City

4511 Margarete Dr SW, Decatur, AL

This home is located at 4511 Margarete Dr SW, Decatur, AL 35603 since 08 December 2022 and is currently estimated at $223,045, approximately $153 per square foot. This property was built in 1977. 4511 Margarete Dr SW is a home located in Morgan County with nearby schools including Frances Nungester Elementary School, Brookhaven Middle School, and Horizon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ValleyMLS.com Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Copyright 2025 Valley MLS

Nearby Homes